Business

Budget support for the ailing euro zone economy may need to be stepped up as the impact of central bank help amid the second wave of the coronavirus pandemic is limited, Dutch central bank chief Klaas Knot said on Tuesday.

Lyft Inc said on Tuesday it was working on a new service to take a slice of the burgeoning fooddelivery market as it works to make up for a 48% drop in quarterly revenue and a slow recovery of ridehail demand.

Oil prices rose on Tuesday as hopes that a COVID19 vaccine is on the horizon outweighed worries about a drop in fuel demand from new lockdowns to contain the virus.

Gland Pharma was established in Hyderabad in 1978 and is one of the fastest-growing injectable-focused B2B companies.

U.S. stock prices surged on Monday as news of the first successful late stage COVID19 vaccine trials stirred hopes of the economy emerging from a year of pandemicdriven crisis.

Markets started to trade on the prospect of a Biden presidency and a Republican-controlled U.S. Senate last week, but the Democratic candidate’s projected victory on Saturday gave more fuel to the move.

The European Union is poised to move next week to impose tariffs on $4 billion of U.S. imports in retaliation for U.S. subsidies for planemaker Boeing, EU diplomats said, teeing up an eleventhhour showdown with U.S. President Donald Trump.

French President Emmanuel Macron has turned to international CEOs to promote Frances recovery plan aimed at saving jobs and pave the way for a greener, more competitive economy as the country is struggling amid the virus crisis.

Toyota Motor Corp more than doubled its fullyear operating profit forecast on Friday, as vehicle sales rebound in China from a coronavirus pandemic squeeze earlier this year that contributed to a 24% slide in secondquarter earnings.

Britain's markets watchdog on Thursday banned three former financial advisers from the industry after their convictions for sex crimes, the first time the regulator has used its powers to crack down on such misconduct.

The New York Times warned on Thursday its robust digital growth may not be sustainable going ahead, easing expectations after reporting a strong quarter that benefited from a news coverage storm around the COVID19 pandemic and the U.S. election.

Lufthansa on Thursday said it booked a net loss of 2 billion euros ($2.35 billion) in the third quarter due to the pandemicrelated slump in travelling and said further restructuring measures would weigh on fourthquarter figures.

The benchmark Nikkei 225 index was up 0.69 percent or 163.79 points at 23,859.02 in early trade, while the broader Topix index advanced 0.23 percent or 3.70 points to 1,630.95. 

Ahead of the election, Facebook, Twitter and YouTube promised to clamp down on election misinformation, including unsubstantiated charges of fraud and premature declarations of victory by candidates. And they mostly did just that though not without a few...

The U.S. trade deficit fell in September after hitting a 14year high the previous month as exports outpaced imports.

The former wife of V G Siddhartha, who had been chairman of the company before his death, is among other top functionaries against whom warrants have been issued due to continued defaults in payments of coffee-growers.